You are given the following information in respect of Surya Limited and Chand Limited in similar business
Question:
You are given the following information in respect of Surya Limited and Chand Limited in similar business for the year ended 31st March 2017.
1. Which company is managing its trade receivables better?
2. Which company is turning its inventories faster?
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1 Surya Limited has a receivable turnover ratio of 632 times compared to 567 times of Chand Limited ...View the full answer
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